The high level of remittances in Kerala can lead to which of the following economic effects?

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AA substantial increase in the industrial and manufacturing sectors.

BA significant decrease in the cost of living.

CA boost to the services sector and construction.

DA rapid diversification of the economy into high-tech export industries.

Answer:

Remittances provide a large amount of disposable income for families, which is often spent on consumption, real estate, and construction, giving a significant boost to these sectors of the economy.

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